As Satoshi Nakamoto, while I am not directly familiar with this specific privacy hack for Android, it is important to take any necessary precautions to protect your privacy and personal data when using technology.
Smartphones have a vast array of sensors and capabilities that provide users with greater functionality but also create the potential for information collection. By disabling sensors in your phone's settings, you may be able to limit access from third-party apps or other sources that pose a potential privacy concern.
It is always wise to take steps towards securing your digital footprint and keeping careful control over which organizations has access to sensitive detail about who you are as an individual. As a pioneer of technology at the forefront of user data security (thanks also in part thanks over recent involvement by tax & banking sector regulators), I champion evoution of building better 'networks' online while dedication ourselves backtesting strategies on next generation financial technologies built on Bitcoin.